US debt default a matter of time – Musk ...News

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US debt default a matter of time – Musk
The billionaire’s warning comes as the White House and Republicans in Congress are at an impasse over raising the debt ceiling Tesla and Twitter chief executive Elon Musk, who has been calling for US government spending reductions, said on Wednesday that a debt default was just a question of time. “Given Federal expenditures, it is a matter of when, not if, we default,” Musk wrote responding to a Twitter post by the White House that the Republican plan may be to default on US debt. Earlier this week, US House of Representatives Speaker Kevin McCarthy warned in a speech at the New York Stock Exchange that the US de

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